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Rupert Murdoch - Launch of 'The Daily'
The Daily launched on February 2, 2011 as an iPad based News publication with interactive capabilities. The Daily is offered exclusively in Apple's iPad App Store and was available free for two weeks. It costs just 99 cents a week, or $39.99 a year.
WAN purchase of Seven Media approved
WAN shareholders approved the $4.1 billion acquisition of Seven Media Group by West Australian Newspapers Holdings at a meeting in Perth on Monday April 11, 2011. WAN will buy Seven Media from Seven Group with $1.081 billion worth of its own shares, equivalent to 29.6 per cent of the company. Seven Group will also receive $250 million of convertible preference shares, $650 million repayment of a Seven Media loan owed to Seven Group and $2.104 billion of assumed external net debt. WAN will raise $461 million through a placement of shares to Kohlberg Kravis & Roberts (KKR), $653 million from an entitlement offer of new shares and a further $40 million from a general public offer of shares. The proceeds from the equity raising will be used to repay $450 million in debt, repay the Seven Group loan and pay transaction costs of $45 million, with the balance to be used for general corporate purposes. As part of the transaction, Seven Group will sell its interest in WAN and not take up its entitlement under WAN's entitlement offer. Shareholders passed all five resolutions associated with the Seven West Media purchase, including the name change from WAN to Seven West Media, to be run by the Seven Media management team out of Sydney. WAN chief Chris Wharton will run the company's WA operations. The new company will remain listed on the Australian Securities Exchange as the biggest Australian domiciled listed media company. Almost 30 per cent of shares cast ahead of the meeting, were cast against the deal. A number of the retail shareholders spoke up at the meeting, voicing their concerns about the debt levels of the merged company and at the possibility that dividend payments may fall. About 250 shareholders attended the meeting.
Ravensthorpe, Western Australia
A campsite 20km south of Ravensthorpe in an abandoned town called Kundip. Apparently it housed 200 people at it's peak, but now there is nothing except a creepy hut where we think a hermit might live. It's very remote and we just can't imagine how tough it would have been to live in here the early 1900s.
UFO OVER ROCKINGHAM / WESTERN AUSTRALIA (22 MARCH 2011)
Latest UFO sightings - New footage of UFO activity recorded in the night sky over Rockingham, Western Australia on Tuesday, 22nd March 2011. Witness report: Orb Traveled South to North. It was blueish colour got as bright as the moon! Not the super moon but the normal moon we usually see. The Feeling I got when viewing this particular object was amazing it was fantastic it was the best feeling in the world to have witnessed such an amazing spectacle. Subscribe and Join me and Alexi on our quest to uncover the truth that has haunted man for centuries: are we alone?
SEO Company Perth Testimonial | Justin Smith
http://OracleDigital.com.au Justin Smith from The Mortgage Gallery Rockingham talks about his experience with Oracle Digital, who are the team who have been working on Justin's SEO in his Perth office.
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Gopro HD Bodyboarding. Tropical Cyclone Bianca creates rare summer swell in Perth Western Australia
www.louisstonephotography.com On the 30th of January 2011 Perth Western Australia had a rare summer swell courtesy of Tropical Cyclone Bianca. 8am the beach was flat, but 2 hours later and the waves had picked up to 3 - 4 foot which made fo an ok shorey bash. (Apparently Down South was alltime) Perth was only a shorey but it was still fun (except for the getting the worst sunburn of my life part, and rocking up to my new job looking like a fried lobser with eyes so sore and bloodshot that they must now think im a stoner) Soundtrack: The Cure "Boys Don't cry", Soundgarden "Jesus Christ Pose" Photos on my website: www.louisstonephotography.com
Fro yo Frozen yoghurt & Bubble tea opens in Perth, Western Australia
Fro-Yo Frozen yoghurt and Bubble Tea Shop 39 Sorrento Quay Broadwalk, Hillarys Boat Harbour. Perth Western Australia Self serve frozen yoghurt and Bubble Tea
